The National Oil Corporation (NOC) is the national oil company of Libya. It dominates Libya's oil industry, along with a number of smaller subsidiaries, which combined account for around 70% the country's oil output. Of NOC's subsidiaries, the largest oil producer is the Waha Oil Company (WOC), followed by the Arabian Gulf Oil Company (Agoco), Zueitina Oil Company (ZOC), and Sirte Oil Company (SOC).
Read more about National Oil Corporation: Libyan Oil Sector: Overview, Operations, Upstream Activities, Exports, Energy Overview, See Also
Famous quotes containing the words national, oil and/or corporation:
“But for the national welfare, it is urgent to realize that the minorities do think, and think about something other than the race problem.”
—Zora Neale Hurston (1891–1960)
“Friendship and money: oil and water.”
—Mario Puzo, U.S. author, screenwriter, and Francis Ford Coppola, U.S. director, screenwriter. Michael Corleone (Al Pacino)
“It is truly enough said that a corporation has no conscience; but a corporation of conscientious men is a corporation with a conscience.”
—Henry David Thoreau (1817–1862)